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President & CEO
The Electricity Consumers Resource Council
On June 10, 2016, Rep. Fred Upton (R-MI), Chairman of the House Energy and Commerce Committee and Rep. Ed Whitfield (R-KY), Energy and Power Subcommittee Chairman, sent a letter to the Federal Energy Regulatory Commission (FERC) regarding the state of organized wholesale electricity markets. This included questions on how federal and state energy subsidies affect organized markets and the jurisdictional “bright line” between state (retail) and federal (wholesale) authority. Deployment of new technologies, regulations, and subsidies are affecting the outcomes and compositions of electricity markets. The Congressmen are exploring whether the Federal Power Act should be altered to help markets… [more]
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Cofounder
Spark Library
In the last twenty years, the United States has been in the process of restructuring its electricity generation. Today, wholesale electricity markets are controlled by regional transmission organizations (RTO) and independent system operators (ISO) that direct electric grid operations and run day-ahead and real-time pricing. These grid operators, which are regulated by FERC, now oversee more than two-thirds of America’s bulk power system and are meant to create value by improving system reliability and lowering electricity costs. However, there are serious questions about whether RTOs/ISOs are operating efficiently. Areas of concern include 1) whether reliability is improving and costs are… [more]
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